Y200 Politics and Film April 19, 2011
Film Industry Data • From student data projects • Elliott Gensler • Lexi Lessaris • Parker Mantell • Raymond Raff • Jake Stineker
Box Office Revenues • Clear increase in box office revenue over time • In the 70’s the revenues began to rise greatly • The average growth rate per year is 104% (median is the same as well, so mean was not influenced by outliers) • Average growth rate per decade is 143% • Highest growth rate from 1970-1980: 237%
2 Rise of Theater Ticket Prices • The most recent figure indicates an average of over $7.00
Effect of TV Ownership on Movie Theatre Attendance Data from Gene Brown’s Movie Time
4 Top 5 Grossing Distributors (1995-2011) • An interesting aspect to note is the movie count versus to average gross count. Although Sony distributed more movies than did Warner Brothers, their average gross was significantly lower • With only 77 movies distributed, Dreamworks SKG was able to edge Miramax's 377 films and MGM’s 229
DVD vs. VHS Sales Trends • Circa 2002 percent of home videos being VHS vs. DVDs were equal • DVDs now currently account for almost %100 of home video sales, • (opposite in 1997) • DVDs (in units sold) have begun to decrease slowly in 2006, perhaps due to other ways of watching film at home • VHS Sales have fallen dramatically since 2003. In 2007 sales were at 300,000 units
Movie Rental Business Trends • Blockbuster went bankrupt in 2010 because of poor business decisions • More consumers enjoy the convenience of Netflix and online downloads.
How Netflix Won the Market • The Pareto rule says that 80% of your revenue will come from 20% of your products. • Blockbuster would only stock the most popular 20% of movies because of limited shelf space.
How Netflix Won the Market • Netflix did not have shelf space issues and could stock 100% of the movies capitalizing on the 20% that Blockbuster could not. • Offered convenience of downloadable movies. • Netflix attracted customers with their unlimited monthly rental program.
11 Home Video Market (2009) • Although DVD sales have not been thriving, they still continue to dominate the home video market, as it accounts for 63% of it
7 Top 5 All Time Grossing Films
9 Hollywood’s Top Earners (2009) • All gained 2009 revenue as directors from feature films except Steven Spielberg • Spielberg gained his tremendous 2009 income from Universal theme-park royalties and consulting • For his work in Harry Potter,, Daniel Radcliffe was the top earner among actors with $41 million